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REGISTERED NUMBER: SC540367 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

PERFECT HYGIENE LIMITED

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 8

PERFECT HYGIENE LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2023







DIRECTORS: Mr S A Kennedy
Mr S Gardiner





REGISTERED OFFICE: Alma House
Blackburn Business Park
Blackburn
Aberdeen
AB21 0PS





REGISTERED NUMBER: SC540367 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

STATEMENT OF FINANCIAL POSITION
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350,872 224,200

CURRENT ASSETS
Stocks 5 38,895 32,497
Debtors 6 209,774 140,592
Cash at bank 379,509 447,163
628,178 620,252
CREDITORS
Amounts falling due within one year 7 285,052 276,308
NET CURRENT ASSETS 343,126 343,944
TOTAL ASSETS LESS CURRENT
LIABILITIES

693,998

568,144

CREDITORS
Amounts falling due after more than one year 8 (84,532 ) (50,221 )

PROVISIONS FOR LIABILITIES 10 (81,026 ) (39,088 )
NET ASSETS 528,440 478,835

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 528,337 478,732
SHAREHOLDERS' FUNDS 528,440 478,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





Mr S A Kennedy - Director


PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Perfect Hygiene Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost
Plant and machinery - 20% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. As of 01 August 2020, the depreciation rate for Plant and Machinery category of fixed assets was changed from a policy of 25% on cost to 20% reducing balance. The reason for this was that the director felt it was a more appropriate representation of the asset's useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the yearr end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 August 2022 - 148,515 3,756
Additions 13,500 21,762 4,298
Disposals - (6,795 ) -
At 31 July 2023 13,500 163,482 8,054
DEPRECIATION
At 1 August 2022 - 64,541 1,392
Charge for year 1,125 21,427 1,124
Eliminated on disposal - (4,625 ) -
At 31 July 2023 1,125 81,343 2,516
NET BOOK VALUE
At 31 July 2023 12,375 82,139 5,538
At 31 July 2022 - 83,974 2,364

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 162,305 12,561 327,137
Additions 174,665 4,921 219,146
Disposals - - (6,795 )
At 31 July 2023 336,970 17,482 539,488
DEPRECIATION
At 1 August 2022 30,694 6,310 102,937
Charge for year 63,500 3,128 90,304
Eliminated on disposal - - (4,625 )
At 31 July 2023 94,194 9,438 188,616
NET BOOK VALUE
At 31 July 2023 242,776 8,044 350,872
At 31 July 2022 131,611 6,251 224,200

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 115,877
Reclassification/transfer 114,108
At 31 July 2023 229,985
DEPRECIATION
Charge for year 48,857
Reclassification/transfer 16,275
At 31 July 2023 65,132
NET BOOK VALUE
At 31 July 2023 164,853

5. STOCKS
2023 2022
£    £   
Stocks 38,895 32,497

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 179,735 128,895
Other debtors 1,617 -
Directors' current accounts 2,353 -
Tax 5,063 -
Prepayments 21,006 11,697
209,774 140,592

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 39,905 23,191
Trade creditors 77,303 69,951
Tax - 19,981
Social security and other taxes 9,024 6,957
Inter company loan 9,414 21,784
VAT 49,946 37,466
Other creditors 7,991 3,360
Net Wages Control 120 20,597
Directors' current accounts 425 11,567
Accrued expenses 90,924 61,454
285,052 276,308

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts (see note 9) 84,532 50,221

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 39,905 23,191
Between one and five years 84,532 50,221
124,437 73,412

Non-cancellable operating leases
2023 2022
£    £   
Within one year 1,680 1,680

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 81,026 39,088

Deferred
tax
£   
Balance at 1 August 2022 39,088
Movement 41,938
Balance at 31 July 2023 81,026

PERFECT HYGIENE LIMITED (REGISTERED NUMBER: SC540367)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2023

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr S A Kennedy
Balance outstanding at start of year (11,142 ) (6,750 )
Amounts advanced 40,495 32,908
Amounts repaid (27,000 ) (37,300 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,353 (11,142 )

Mr S Gardiner
Balance outstanding at start of year (425 ) 14,000
Amounts advanced - 8,750
Amounts repaid - (23,175 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (425 ) (425 )

These loans are interest free and there are no fixed repayment terms.

12. RELATED PARTY DISCLOSURES

At 31 July 2023, there was a total balance of £9,414 (2021: £21,784) due from a company who is under the same control and directorship as Perfect Hygiene Limited which is included in creditors.

All transactions are carried out at arm's length with a payment term of 30 days.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PERFECT HYGIENE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Perfect Hygiene Limited for the year ended 31 July 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Perfect Hygiene Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Perfect Hygiene Limited and state those matters that we have agreed to state to the Board of Directors of Perfect Hygiene Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Perfect Hygiene Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Perfect Hygiene Limited. You consider that Perfect Hygiene Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Perfect Hygiene Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


20 March 2024